The Nigerian Government has secured a $134 million loan from the African Development Bank (AfDB) to strengthen its agricultural sector amid growing food insecurity concerns. This funding aims to increase seed and grain production and improve food security, according to a statement of the Agriculture ministry on November 14. A recent “Harmonized Framework” report, prepared […]
Princess Lalla Hasnaa, accompanied by Sheikha Al Mayassa Bint Hamad Al-Thani, inaugurated, on Friday in Doha, Morocco’s “Dar Al Maghreb” pavilion, a space dedicated to Moroccan culture and history, set up to mark the Qatar-Morocco 2024 Year of Culture. The pavilion, focal point of this cultural event that celebrates the exceptional relationship between Morocco and […]
Fitch Ratings agency has affirmed Morocco’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB+’ with a Stable Outlook due to favorable debt composition, reasonably comfortable external liquidity buffers and a record of macroeconomic stability. In 2021, Morocco’s GDP growth rebounded to 7.4%, after contracting by 6.4% in 2020. “We forecast growth to decelerate to 1.1% […]
